JDM Financial Group LLC Acquires 5,346 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

JDM Financial Group LLC increased its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 8.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,236 shares of the exchange traded fund’s stock after acquiring an additional 5,346 shares during the period. Vanguard Real Estate ETF comprises about 3.0% of JDM Financial Group LLC’s holdings, making the stock its 9th largest holding. JDM Financial Group LLC’s holdings in Vanguard Real Estate ETF were worth $5,811,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Howard Capital Management Group LLC acquired a new position in shares of Vanguard Real Estate ETF in the fourth quarter worth $26,000. CKW Financial Group purchased a new position in Vanguard Real Estate ETF in the fourth quarter valued at about $27,000. Nemes Rush Group LLC purchased a new position in Vanguard Real Estate ETF in the fourth quarter valued at about $27,000. Roxbury Financial LLC acquired a new position in Vanguard Real Estate ETF in the 4th quarter worth about $37,000. Finally, Golden State Wealth Management LLC purchased a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth about $41,000.

Vanguard Real Estate ETF Price Performance

Shares of Vanguard Real Estate ETF stock opened at $89.79 on Wednesday. The firm has a market cap of $95.18 billion, a price-to-earnings ratio of 32.32 and a beta of 1.03. The stock has a 50-day simple moving average of $87.88 and a 200-day simple moving average of $90.63. Vanguard Real Estate ETF has a 52-week low of $76.92 and a 52-week high of $99.58.

About Vanguard Real Estate ETF

Vanguard REIT ETF (the Fund) is an open-end investment company. The Fund invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. It tracks the return of the MSCI US RIT Index, a gauge of real estate stocks. The Vanguard Group, Inc provides investment advisory services to the Fund.